Arizona Banks Rated

Arizona Banks Better Than Illinois

Detective Krum

By: Detective Krum

I reported in the last edition, the banks in Arizona appear to be in better condition than the banks in Illinois. Senator Obama serves in the 13th District for Illinois and I reported there appears to be about 200 banks in jeopardy of failing, see the post titled Obama-land Bank Failures. Despite Senator Obama’s living in the area and working for the great people of Illinois, 200 banks in a potential failing condition should be alarming. Yet Arizona came in as follows:

Bank Rating Bank Name

E+ First National Scottsdale, Arizona

That was it for banks specific to an (E) rating. Again (A) rating is best (E & F) rating worst and red flags go up and depositors should move their deposits into a safer bank before failure. I am not giving financial advice and anyone reading this information reads and uses this information at their own risk. This information is all public record and if you copy our material, please give a link back to http://www.victory1project.wordpress.com/

Looking at Banks with a (D) rating in Arizona

Bank Rating Bank Name

D Bank 1440 Peoria, AZ

D Choice Bank Scottsdale, AZ

D+ Desert Hills Bank Phoenix, AZ

D Gold Canyon Bank Gold Canyon, AZ

D+ Legacy Bank Scottsdale, AZ

D+ Mesa Bank Mesa, AZ

D Mission Bank Kingman, AZ

D Republic Bank AZ Phoenix, AZ

D Sonoran Bank Phoenix, AZ

What was interesting is ( 29 of the 47 banks with a (D) rating) are insurance or insurance related companies and 18 are regular style banks. So putting this together:

Arizona appears to have 52 failing institutions. Of these 52 institutions 33 are insurance related companies and not what people consider a bank. Overall, Arizona appears to have 19 banks (18 with a D rating and 1 with an E rating) which are in danger of possibly failing while Illinois has 200. Could you say, where Senator Obama has been on guard, bank failures appear four times higher than where Senator McCain has been on guard? If I were to look at how many of the institutions in John McCain’s state are in a position to possibly fail, I see most are insurance related. Could the fact that most of the companies that appear to be failing in Arizona are insurance companies due to illegal immigration? Could illegal immigration be burdening insurance companies in Arizona so much that the insurance companies are likely to fail? You have to decide. If the insurance companies fail due to illegal immigration, how does that affect legal citizens? One other footnote here: I did not or have not voted for John McCain in any election or primary to this date. I voted for a different candidate. One other point, this information is available through FDIC.

Now onto the (A & B) rated in Arizona:

A+ Blue Cross Blue Shield of Arizona

B Country Bank Prescott, AZ

B+ Foothills Bank Yuma, AZ

B Commerce Bank Tucson

Please leave any comments or questions in the comment section.

Thank you

Detective Krum

http://congressyouarefired.blogspot.com/

Obama-land Bank Failures

Again Detective Krum responds to the economic issues here at Victory1Project. Our effort in publishing these articles from Detective Krum is done to help our readers obtain victory over their personal finances and to have information to protect their assets.

Detective Krum

Obama-land Banks Failing?

By: Detective Krum

With elections coming in America, I thought I would look at Senator Obama’s state of Illinois to see how many banks could be in jeopardy. As a Senator serving in Congress, surely Senator Obama would inform his constituents of any coming possible bank failures to protect his constituents, right? Well, it hasn’t made the news if he has informed anyone about which banks might fail in his state, so I will. After all, we are Americans, right?

To understand my terminology, I suggest you read my first post here or you can look at it here.

Illinois has about ( 200 ) banks in possible failing condition with a rating of a (D) or an (E) rating. I am not giving financial advice and am not responsible for any decisions people make from this information or any other I write about. This information is provided so people can make informed decisions. If you knew your bank had a good chance to fail, wouldn’t you want to take your money out and put your money into a safer bank? This information helps people make informed decisions.

Below is a list of banks which is considered to be “red flag” banks. The red flag indicates these banks are at great risk of failing. As mentioned before, A and B rated banks are the best, C and D rated banks indicate yellow flags of warning and E and F rated banks may indicate red flags and almost eminent failure. I have listed banks in the Illinois area which are considered possible risk of failing.

BankRating Bank Name

E+ American Metro Bank Chicago, IL

E – Citizens Bank & Trust Chicago, IL

E Family Bank & Trust Palos Hills, IL

E- First Personal Bank Orland Park, IL

E- First Suburban National, Maywood, IL

E+ McHenry Savings Bank Mchenry, IL

E- Meridian Bank Eldred, IL

E- Milford Building & Loan Milford, IL

E- Platinum Community Bank Rolling Meadows, IL

E Princeville State Bank Princeville, IL

E+ West Town Savings Bank Cicero, IL’

D Anchor State Bank Anchor, IL

D- Bank of Illinois Normal, IL

D- Belmont Bank & Trust Chicago, IL

D- Community Bank Oak Park, IL

This is not an exhaustive list of all the banks and/or thrifts. As I have to end on a positive note for victory1, I have listed some (A) rated banks in Illinois below.

A- Oak Bank Chicago, IL

A People’s National Kewanee, IL

A Reynolds State Bank Reynolds, IL

A- Rochester State Bank Rochester, IL

Senator Obama serves in the 13th District for Illinois according to Wikipedia see here

Neighboring cities or towns include Chicago, Cicero and Oak Park. Overall, about 200 possible bank failures in the Illinois area plus because we have not yet counted those banks and/or insurance companies graded in the low ( C-) range.

For a contrast, when I looked at Arizona where Senator John McCain lives I noticed Arizona has one bank with a failing (E+) grade named First National in Scottsdale, Arizona. The four other with (E) grades are insurance companies. Arizona has what appears to be ( 47 ) (D) rated banks compared to Illinois 174 (D) rated. What does this mean? It would appear there are almost four times as many banks in financial trouble in Illinois where Senator Obama is watchdog compared to Senator McCain’s area of watchdog. Is Senator McCain doing more to protect his constituents in Arizona from banks failing? You need to determine this.